The Digital Entertainment Group (DEG) has reported that consumer spending on movies rose in the first quarter of the year, the first such rise in many years. Consumers spending increased by 2.5 percent for the quarter to $4.45 billion, which came on the back of a staggering 545.5 percent increase in subscription-based streaming over the same period. However, bricks-and-mortar retail outlets continue to suffer, with rentals from stores down a precipitous 39.4 percent.
In further evidence that bills such as SOPA may not be necessary, consumers spent $2.06 billion on Blu-ray discs
More Suggested Content:
D-Link Debuts MovieNite Streaming Player
April 10, 2012
D-Link this week announced the arrival of the MovieNite (DSM-310) streaming media player. The player offers access to 1080p HD movies and TV shows, as well as access to Netflix, YouTube, Vudu and more.
Distributor Roundtable : Distributors Deliver Full Package
CE dealers of all types, from the local storefronts to the regional chains to the big boxes, continue to look to distributors to provide far more than assistance between themselves and vendors. This year, distributors are providing even more value-add to the functions they already perform as trainers, marketers and business counselors.